at mgic, we are committed to helping our customers succeed. affordable homeownership remains a cornerstone of a strong and vibrant community. as the pioneer of the modern private mortgage insurance industry, mortgage guaranty insurance corporation (mgic), the primary subsidiary of mgic investment corp., has supported lenders and their communities for nearly 60 years by providing a prudent means of offering affordable, low-downpayment home financing options. #wearemgic mgic is the principal subsidiary of mgic investment corporation (mtg.mgic.com), headquartered in milwaukee, wisconsin and serves lenders throughout the united states, puerto rico and other locations. join our social community (mgic.com/social): twitter: https://twitter.com/mgic mgic connects blog: https://mgic-connects.com youtube: https://www.youtube.com/user/mgicvideos google+: https://plus.google.com/+mgic-private-mortgage-insurance facebook: https://www.facebook.com/mgicmi/ instagram: http://instagram.com/mgic find a
Company profile
Ticker
MTG
Exchange
Website
CEO
Timothy Mattke
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
MGIC Assurance Corporation • MGIC Credit Assurance Corporation • MGIC Indemnity Corporation • MGIC Insurance Services Corporation • MGIC Investor Services Corporation • MGIC Mortgage Services, LLC • MGIC Reinsurance Corporation • Mortgage Guaranty Insurance Corporation ...
IRS number
391486475
MTG stock data
Latest filings (excl ownership)
10-K
2023 FY
Annual report
21 Feb 24
8-K
Results of Operations and Financial Condition
31 Jan 24
8-K
Other Events
9 Nov 23
10-Q
2023 Q3
Quarterly report
31 Oct 23
8-K
Results of Operations and Financial Condition
31 Oct 23
8-K
Departure of Directors or Certain Officers
27 Oct 23
8-K
Results of Operations and Financial Condition
2 Aug 23
10-Q
2023 Q2
Quarterly report
2 Aug 23
10-Q
2023 Q1
Quarterly report
3 May 23
8-K
Results of Operations and Financial Condition
3 May 23
Transcripts
MTG
Earnings call transcript
2023 Q4
1 Feb 24
MTG
Earnings call transcript
2023 Q3
1 Nov 23
MTG
Earnings call transcript
2023 Q2
3 Aug 23
MTG
Earnings call transcript
2023 Q1
4 May 23
MTG
Earnings call transcript
2022 Q4
2 Feb 23
MTG
Earnings call transcript
2022 Q3
3 Nov 22
MTG
Earnings call transcript
2022 Q2
6 Aug 22
MTG
Earnings call transcript
2022 Q1
5 May 22
MTG
Earnings call transcript
2021 Q4
3 Feb 22
MTG
Earnings call transcript
2021 Q3
4 Nov 21
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 275.13 mm | 275.13 mm | 275.13 mm | 275.13 mm | 275.13 mm | 275.13 mm |
Cash burn (monthly) | 13.87 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 78.16 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 196.97 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 14.2 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 368 |
Opened positions | 49 |
Closed positions | 35 |
Increased positions | 125 |
Reduced positions | 136 |
13F shares | Current |
---|---|
Total value | 4.28 tn |
Total shares | 276.99 mm |
Total puts | 160.30 k |
Total calls | 59.60 k |
Total put/call ratio | 2.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 39.55 mm | $660.14 bn |
BLK Blackrock | 25.08 mm | $418.52 bn |
Goldman Sachs & Co | 19.45 mm | $244.05 mm |
JPM JPMorgan Chase & Co. | 14.83 mm | $247.53 bn |
Dimensional Fund Advisors | 13.86 mm | $231.32 bn |
First Trust Advisors | 11.65 mm | $194.46 bn |
Wellington Management | 10.45 mm | $174.48 bn |
LSV Asset Management | 10.43 mm | $174.00 bn |
STT State Street | 9.20 mm | $153.51 bn |
MS Morgan Stanley | 5.99 mm | $99.92 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
11 Mar 24 | Maggio Paula C | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 73,324 | 1.45 mm | 193,106 |
11 Mar 24 | Robert J Candelmo | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 3,056 | 60.36 k | 155,375 |
11 Mar 24 | Robert J Candelmo | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 2,750 | 54.31 k | 158,431 |
11 Mar 24 | Robert J Candelmo | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 10,997 | 217.19 k | 161,181 |
11 Mar 24 | Steven M. Thompson | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 73,324 | 1.45 mm | 145,556 |
11 Mar 24 | Julie K. Sperber | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 917 | 18.11 k | 76,731 |
11 Mar 24 | Julie K. Sperber | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 3,667 | 72.42 k | 77,648 |
11 Mar 24 | Salvatore A Miosi | Common Stock | Payment of exercise | Dispose F | No | No | 19.75 | 146,647 | 2.90 mm | 165,367 |
News
These Analysts Increase Their Forecasts On MGIC Investment Following Q4 Results
2 Feb 24
Roth MKM Maintains Buy on MGIC Investment, Raises Price Target to $24
2 Feb 24
RBC Capital Maintains Sector Perform on MGIC Investment, Raises Price Target to $21
2 Feb 24
Recap: MGIC Investment Q4 Earnings
31 Jan 24
MGIC Investment Q4 Adj EPS $0.67 Beats $0.57 Estimate, Sales $283.96M Miss $292.72M Estimate
31 Jan 24